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Jiuzi Holdings, Inc. Announces Phased Rollout of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase to Be Completed Within Two Weeks
Prnewswireยท 2025-10-08 11:15
Core Viewpoint - Jiuzi Holdings, Inc. has announced the implementation details of its US$1 billion capital plan aimed at expanding its market share and enhancing long-term shareholder value [1][3]. Group 1: Capital Plan Details - The capital plan will be executed through an ongoing purchase program, capped at US$1 billion [1]. - The capital structure will be diversified, involving market financing, commitments from existing shareholders, operational revenue, and participation from institutional investors [2]. - Initial purchases under the capital plan are expected to begin within two weeks [3]. Group 2: Investor Support and Strategic Goals - The company has received positive investment intentions from institutional investors and long-term value investors, reflecting strong market recognition of its fundamentals [2]. - The CEO emphasized that the plan represents recognition of the company's achievements and confidence in its future value delivery [3]. - The capital plan aims to optimize the capital structure and consolidate the company's leadership position while capturing new growth opportunities [3]. Group 3: Compliance and Transparency - All transactions related to the capital plan will be conducted transparently and in compliance with applicable laws and regulations [4]. - The company will provide timely updates to ensure equal access to information for all investors [4]. Group 4: Company Overview - Jiuzi Holdings, Inc. is a leading provider of new energy vehicle intelligent charging infrastructure in China's lower-tier cities, specializing in high-power DC fast charging stations [5]. - The company plans continued expansion through 2026 to support China's carbon neutrality goals and sustainable transportation [5].